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Re:Binance says banking partner will stop processing SWIFT t... by WFHRenaissance on Saturday January 21, 2023 @09:35PM (#34473597)
You can say the same about fiat too.
Re:Binance says banking partner will stop processing SWIFT t... by xwolfi on Saturday January 21, 2023 @09:49PM (#34473695)
Just calling money fiat is like calling people "infidel" :D
Re:Binance says banking partner will stop processing SWIFT t... by dgellow on Sunday January 22, 2023 @02:45AM (#34475285)
Re:Binance says banking partner will stop processing SWIFT t... by rchaud on Saturday January 21, 2023 @10:57PM (#34474089)
Bitcoin maximalism has immediate parallels to religious doctrine that regular currencies do not.

1) Divine creator whose existence is impossible to prove

2) A holy book: (whitepaper) that's taken as absolute truth and therefore doesn't require any revisions or updates. Proposed changes to core beliefs create split factions (BTC v BCH, Old v New Testament, or the Shia-Sunni split in Islam).

3) Monotheism: Belief in the primacy of Bitcoin blockchain over all other competing chains, and warning of divine punishment for apostates (NGMI).

Re:Binance says banking partner will stop processing SWIFT t... by datadata on Saturday January 21, 2023 @11:35PM (#34474333)
Well before bitcoin, I never felt comfortable with dollar bills stating "In God We Trust" on the back.
Re:Binance says banking partner will stop processing SWIFT t... by jakelazaroff on Saturday January 21, 2023 @11:53PM (#34474431)
They were actually introduced to dollar bills (and mandated on all money) relatively recently: in the 1950s, as a symbolic effort to oppose communism.
Re:Binance says banking partner will stop processing SWIFT t... by Gemoto on Sunday January 22, 2023 @02:00AM (#34475091)
Fiat is the best fine tuned PoS system we have.

Is it perfect? No.

Is it ages ahead of Bitcoin? Yes